$1,100,000
Pending

7809 Rainier Avenue S

Seattle, WA 98118
Listing OfficeNextHome Prolific
Browse 4 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Opportunity knocks with a prime development property located in the vibrant Rainier Beach neighborhood. This flat 10,480 sqft lot w/ LR3 RC zoning offers immense potential for future growth. A brief feasibility study suggest the best use is 9 spacious townhomes. The property currently features a livable home occupied by a reliable tenant, generating $2,300 monthly rent. Located on a bustling bus line, the site offers convenient access to downtown Seattle and the light rail, making it attractive for commuters. Enjoy nearby amenities such as the Rainier Beach Community Center, parks, and trails. Additionally, the flourish on Rainier development, which includes townhomes, apartments & community spaces, underscores the area's growth potential.

  • Property Details
      • Lot DescriptionCurbs, Paved, Sidewalk
    • Measurements
      • Acres0.2406
  • Construction Details
      • Style40 - Res-Less thn 1 Ac
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesElectricity Connected, Natural Gas Available
      • Sewer InformationOn Property
      • Utility SourceOn Property
  • Community and Neighborhood Details
      • SubdivisionBrighton
    • Location
      • School DistrictSeattle
      • CountyKing
  • Financial Details
      • Original List Price$1,100,000
      • Taxes Annual$8,903
      • Days on Market (Cumulative)105
  • Other
      • MLS #2269356
Jon JacobsReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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